Question: All other things equal, a bond's duration is: Question 1 2 Select one: a . The same at all yield rates b . Indeterminable when
All other things equal, a bond's duration is:
Question Select one:
a
The same at all yield rates
b
Indeterminable when the yield to maturity is high
c
Higher when the yield to maturity is higher
d
Lower when the yield to maturity is higher
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